A special master recommended Monday that a New Jersey federal judge certify a class of Valeant Pharmaceuticals stockholders looking to hold PwC liable for missing "red flags" that could have caught what they called market manipulation by the pharmaceutical company, rejecting the professional services giant's argument that the lead plaintiff's claims are atypical and "lawyer-driven."
Law360
New Jersey
TUESDAY, JUNE 2, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Valeant Investors Should Get Cert. In PwC Fight, Report Says

By Dorothy Atkins

A special master recommended Monday that a New Jersey federal judge certify a class of Valeant Pharmaceuticals stockholders looking to hold PwC liable for missing "red flags" that could have caught what they called market manipulation by the pharmaceutical company, rejecting the professional services giant's argument that the lead plaintiff's claims are atypical and "lawyer-driven."

Report attached | Read full article » | Save to favorites »

NJ US Atty Appoints Longtime Prosecutor As 1st Assistant

By George Woolston

New Jersey's top federal prosecutor said Monday that he has named the office's national security chief as his second-in-command.

Read full article » | Save to favorites »

Insurer Wants Law Firm's Subpoena Nixed In Malpractice Suit

By Emily Sawicki

New Jersey state court lacks jurisdiction to unilaterally enforce a subpoena a U.S.-based law firm filed against a Canadian insurance company, the insurer has argued, seeking to avoid what it called an overly broad demand for information amid a policyholder's negligence suit against a trio of American law firms.

Motion attached | Read full article » | Save to favorites »

Data Protection Co. Hit With Stockholder Suit In NJ

By George Woolston

Data protection company Commvault was hit with a stockholder suit Friday in New Jersey federal court alleging that the company violated federal securities law with misleading statements about its projected annually recurring revenue growth for the 2026 fiscal year.

Complaint attached | Read full article » | Save to favorites »

Abbott Labs Spinal Cord Device Causes Shocks, Suit Claims

By Emily Field

A New Jersey man said in a suit filed in Garden State federal court on Friday that Abbott Laboratories' spinal cord stimulator system was manufactured with defects that were never truly resolved because of Abbott's mischaracterization of the issue, which caused him painful electric shocks.

Complaint attached | Read full article » | Save to favorites »

LITIGATION

Justices To Probe Habeas Route In Latest First Step Act Case

By Phillip Bantz

The U.S. Supreme Court agreed Monday to resolve a circuit split over whether prisoners may seek early release under the First Step Act through habeas petitions, taking up the appeal of a former Texas lawyer who was convicted in a Mafia takeover scheme of a mortgage loan company.

3 documents attached | Read full article » | Save to favorites »

EPA Beats States' $7B Solar Grant Cancellation Suit In Wash.

By Rachel Riley

A Washington federal judge sided with the Environmental Protection Agency on Monday in a multistate challenge of the U.S. government's cancellation of a Biden-era solar energy grant program, concluding she cannot resolve the dispute because it involves contractual questions that the Tucker Act delegates to the Court of Federal Claims.  

Order attached | Read full article » | Save to favorites »

Royo Is Healthwashing Keto-Friendly Baked Goods, Suit Says

By Gina Kim

Health-forward baked goods company Royo Bread has been hit with a proposed false advertising class action in New York federal court, accusing it of "health-washing" its line of keto-friendly, low-calorie bread, rolls and bagel products by claiming they contain fewer calories than they actually do. 

Complaint attached | Read full article » | Save to favorites »

THIRD CIRCUIT

Judge OKs 3rd Circ. Review For Homebuyer Antitrust Case

By Nate Beck

A Pennsylvania federal judge on Monday allowed brokerage Hanna Holdings to ask the Third Circuit to review a March decision largely rejecting its attempt to escape claims from homebuyers that its allegiance to National Association of Realtor rules drove up the cost of purchases.

Brief attached | Read full article » | Save to favorites »

Law Unclear On 'Deplorable' Photo Share, 3rd Circ. Rules

By P.J. D'Annunzio

A split Third Circuit panel has ruled that a Philadelphia police officer can't be sued for photographing and sharing a picture of a dead man who jumped from a bridge, holding that while the conduct was "deplorable," the Constitution did not clearly establish that families have a right to control images of their loved ones' deaths.

Opinion attached | Read full article » | Save to favorites »

3rd Circ. Preview: AI Copyright Spat, NJ Gun Law Battle

By Carla Baranauckas

A copyright fight over the future of AI‑powered legal research heads to the Third Circuit, where a legal publisher will argue this month that a legal technology company's use of its headnotes does not constitute fair use of copyrighted material. The court will also take up a challenge to New Jersey's firearm nuisance law in a case that asks when a trade group can bring a federal suit over a state statute.

14 documents attached | Read full article » | Save to favorites »

PEOPLE

Fox Rothschild Adds Corporate Duo In NJ From Connell Foley

By Jake Maher

Fox Rothschild LLP grew its corporate practice in New Jersey this week with a pair joining the firm from Connell Foley LLP and bringing decades of experience in mergers and acquisitions, private equity transactions and more.

Read full article » | Save to favorites »

LEGAL INDUSTRY

Ill. Passes Bill To Restrict Outside Investment In Legal Sector

By Emma Cueto

The Illinois state Legislature has passed a bill that aims to stop attorneys from fee sharing with non-lawyer-owned firms in other states and from accepting outside investment via a managed service organization structure.

Read full article » | Save to favorites »

Bonus Spotlight

Hueston Hennigan To Pay Summer Bonuses Up To $35K

By Tracey Read

Trial firm Hueston Hennigan is the second boutique to announce it will dole out midyear bonuses to associates.

Read full article » | Save to favorites »

As Judicial AI Use Gains Steam, Training Lags

By Emily Sawicki

Court systems around the country are emerging bullish on the use of generative artificial intelligence by judicial officers, but implementation, training, resources and overall regulations remain scattershot, giving rise to concerns that a learning gap could lead to missteps.

Read full article » | Save to favorites »

Roundup

The Top In-House Hires Of May

By Michele Gorman

Legal department hires during the past month included high-profile appointments at Chevron, Barclays and Topgolf. Here, Law360 Pulse looks at some of the top in-house announcements from the last full month of spring.

Read full article » | Save to favorites »

Plaintiffs' Counsel In Tylenol MDL Agree To $50K Donation

By Gianna Ferrarin

A plaintiffs' attorney and law firm sanctioned in multidistrict litigation alleging prenatal exposure to acetaminophen can cause autism agreed to donate $50,000 to maternal health organization March of Dimes in lieu of paying attorney fees, according to a letter filed Monday in New York federal court. 

2 documents attached | Read full article » | Save to favorites »

DOJ Will Obey Order Freezing $1.8B 'Slush Fund'

By Courtney Bublé

The U.S. Department of Justice announced Monday it will abide by a federal judge's decision to temporarily pause the $1.8 billion "anti-weaponization" fund, adding that it disagreed with the ruling.

Letter attached | Read full article » | Save to favorites »

Kia, Hyundai Workers' Attys Get $3.45M Fee Award In Visa Suit

By Benjamin Morse

A Georgia federal court on Monday awarded $3.45 million in attorney fees and costs to lawyers for workers who reached an $11.5 million settlement over claims that a Hyundai supplier, a Kia plant and staffing agencies recruited skilled Mexican engineers for production work and underpaid them.

2 documents attached | Read full article » | Save to favorites »

Roundup

Hub Hires: Foley Hoag, Holland & Knight, Paul Hastings

By Julie Manganis

The rapidly expanding gaming and sports betting industry brought more legal industry players to the table in Massachusetts in May, with two firms beefing up their bench in that area, while other local attorneys made midcareer leaps into new roles.

Read full article » | Save to favorites »

Titan Of The Plaintiffs Bar: Labaton Keller's Michael Canty

By Allison Grande

When Labaton Keller Sucharow LLP partner and general counsel Michael Canty decided to pursue a legal career, he had no doubt about what type of lawyer he wanted to be. 

Read full article » | Save to favorites »

dark blue promo that reads 2026 Titans of the Plaintiffs Bar Promo that reads Law360 Pulse 2026 AI Survey

LAW FIRMS IN TODAY'S NEWS

Baker Botts

Barnes & Thornburg

Bartlit Beck

Barton Gilman

Beal Sutherland

Chiesa Shahinian

Clausen Miller

Connell Foley

Constangy Brooks

Davis Polk

Dentons

Eckert Seamans

Edwards Wildman

Foley Hoag

Fox Rothschild

Gilbert & Renton

Goodwin Procter

HSF Kramer

Hall & Lampros

Holland & Knight

Hueston Hennigan

Jackson Lewis PC

Keller Postman

Korein Tillery

Labaton Keller

Latham & Watkins

Laukaitis Law

Lehotsky Keller

Lewis Brisbois

Lowey Dannenberg

Lynch Carpenter

MKC Law Group LLC

Marshall Dennehey

McAndrew Vuotto

McCarter & English

Mintz Levin

Nelson Mullins

Norton Rose

O'Toole Scrivo

Ogletree Deakins

Paul Hastings

Paul Weiss

Peckar & Abramson

Perkins Coie

Pietragallo Gordon

Pillsbury Winthrop

Poff & Weber

Prince Lobel

Radford Scott LLP

Riker Danzig

Robbins Geller

Saiber LLC

Sbaiti & Company

Seeger Weiss

Selendy Gay

Skadden Arps

Troutman

WilmerHale

Wilson Elser

COMPANIES IN TODAY'S NEWS

Abbott Laboratories

Above the Law

Alexion Pharmaceuticals Inc.

Allergan PLC

Amazon.com Inc.

American Public Health Association

BMW of North America LLC

Bausch Health Cos. Inc.

Boston College

Chevron Corp.

CommVault Systems Inc.

Dean Foods Co.

Energy Future Holdings Corp.

FNIC

Fidelity National Information Services Inc.

Financial Industry Regulatory Authority Inc.

Fordham University

Frito-Lay Inc.

George Washington University

Global Logistic Properties Ltd.

Glock Inc.

Google LLC

Hanna Holdings Inc.

Harvard University

Johnson & Johnson

Kia Georgia Inc.

Leonard Green & Partners LP

LinkedIn Corp.

March of Dimes Foundation

Massachusetts Bar Association

Massachusetts Convention Center Authority

Media General Inc.

Meta Platforms Inc.

National Association of Realtors

National Shooting Sports Foundation Inc.

Nexstar Media Group Inc.

Northland Investment Corp.

PG&E Corp.

PepsiCo Inc.

PricewaterhouseCoopers LLP

Princeton University

Purdue Pharma LP

ROSS Intelligence

Six Flags Entertainment Corp.

State Farm Mutual Automobile Insurance Co.

T. Rowe Price Group Inc.

Talen Energy Corp.

The Estee Lauder Cos. Inc.

The PNC Financial Services Group Inc.

Thomson Reuters Corp.

Tools for Humanity

Toyota Motor Corp.

Twitter Inc.

Uber Technologies Inc.

University of Rhode Island

Viatris Inc.

Vistra Corp.

Vivie

Worldpay LLC

Yum Brands Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Delaware River Port Authority

Equal Employment Opportunity Commission

Federal Bureau of Prisons

Food and Drug Administration

Internal Revenue Service

Massachusetts Commission Against Discrimination

National Archives and Records Administration

National Institutes of Health

National Labor Relations Board

Office of the Comptroller of the Currency

U.S. Court of Appeals for the Third Circuit

U.S. Department of Agriculture

U.S. Department of Justice

U.S. Department of Labor

U.S. District Court for the District of Columbia

U.S. District Court for the District of New Jersey

U.S. District Court for the Eastern District of New York

U.S. District Court for the Eastern District of Pennsylvania

U.S. District Court for the Eastern District of Virginia

U.S. District Court for the Northern District of Georgia

U.S. District Court for the Southern District of Florida

U.S. District Court for the Southern District of New York

U.S. District Court for the Western District of Texas

U.S. District Court for the Western District of Washington

U.S. Environmental Protection Agency

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Sentencing Commission

U.S. Supreme Court

United States District Court for the District of Colorado

Washington Attorney General's Office